Investor and SMSF interest in Direct Property continues to strengthen with forecast upswing in property cycle

Investor and SMSF interest in Direct Property continues to strengthen with forecast upswing in property cycle

08/02/2011

Demand from investors for unlisted property is expected to increase in 2011 as the property sector is likely to provide higher than historical average returns, according to Charter Hall Direct Property. The group has recently launched a retail property fund aimed at self managed super funds (SMSFs) and high net worth individuals to take advantage of any upswing in the retail property cycle, with retail rents expected to increase as retail sales strengthen in 2011 and employment and the economy continue to grow.